(Finance) – Wall Street is moving lower In the triple witching day (translated into Italian as the day of the three witches), which corresponds to the technical deadlines that determine the roll-over of most futures on stock indices and shares. On the macroeconomic frontindustrial production in the United States was better than expected in February, import-export prices increased in the same month, while the Empire State index decreased in March.
As for the monetary policy, the market expects the Fed to keep rates unchanged at its March 19-20 meeting for the fifth consecutive meeting, with attention to be focused on the new “dot plot.” Investors who continue to bet on a first rate cut at the June meeting or in any case in the near future.
Among the companies he has published the quarterlythey collapse Adobe Systems (which reported weaker-than-expected second-quarter revenue guidance) and Ulta Beauty (which forecast full-year profits below estimates).
Looking at the main indicesthe US price list trades with a drop of 0.58% on Dow Jones; along the same lines, theS&P-500 loses 0.72%, continuing the session at 5,114 points. Negative changes for Nasdaq 100 (-1.15%); on the same line, decreasingS&P 100 (-0.95%).
In the S&P 500, no fund is saved. Among the worst on the S&P 500 list, with the biggest decline compartments informatics (-1.39%), telecommunications (-1.21%) e secondary consumer goods (-1.15%).
Among the best Blue Chips of the Dow Jones, 3M (+0.96%), JP Morgan (+0.89%), Caterpillar (+0.76%) e Boeing (+0.54%).
The steepest declines, however, occur at Microsoft, which continues the session with -2.69%. He suffers Salesforce, which highlights a loss of 2.55%. Prey for sellers Amazon, with a decrease of 2.37%. Modest descent for Cisco Systemswhich drops a small -1.47%.
To the top between Wall Street tech giantsthey position themselves CoStar (+6.98%), Micron Technology (+3.42%), Advanced Micro Devices (+2.93%) e Paccar (+2.39%).
The worst performances, however, are recorded on Adobe Systems, which obtains -14.33%. They focus on sales MongoDB, which suffers a decline of 3.33%. Sales up CrowdStrike Holdings, which recorded a decline of 3.25%. Negative session for Intuitwhich shows a loss of 2.98%.